NEWS

Webinar – How Concentrated Solar Power & thermal storage solves the variability challenge

Over 2 GW of Concentrated Solar Power is operating in the southwestern US. As growing amounts of PV and wind are added to the grid in that part of the US in response to the steady movement towards a carbon free grid, there is an opportunity for CSP to [...]

Concentrated Solar Power capacity is forecast to grow by 87%, or 4.3 GW, in 2018-2023

Global Concentrated Solar Power capacity is forecast to grow by 87%, or 4.3 GW, in 2018-2023, the International Energy Agency (IEA) said in its Renewables 2018 report published in October. This represents 32% faster growth than in 2012-2017. This baseline scenario includes 1.9 GW of new capacity in China, 1 [...]

SolarReserve eyes 40% drop in heliostat costs within three years

New heliostat designs that combine greater automation with manufacturing and installation efficiencies could be commercially available within three years, David Haas, Director of Heliostat Development at SolarReserve and Principal Investigator on the group’s HelioSR3 research project, told New Energy Update. In October, the U.S. Department of Energy (DOE) awarded SolarReserve [...]

Renewable Energy the Most Competitive Source of New Power Generation in GCC

Under current plans, the region will install 7 gigawatts (GW) of new power generation capacity from renewable sources by the early 2020s. Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report published today by the International Renewable Energy [...]

China billions of Concentrated Solar Power market is open for global CSP players

In the past year of 2018, China completed a total capacity of 215 MW concentrated solar power (CSP) projects, almost 7 times of the 30 MW capacity made before 2018. China has become the No.5 country owning the biggest CSP capacity, and the most popular emerging CSP market with Morocco [...]

IRENA estimates that by 2025 the cost of electricity could fall by at least 37 % from concentrated solar power

IRENA estimates that by 2025 the global weighted average cost of electricity could fall by 26 % from onshore wind energy, by 35 % from offshore wind power, by at least 37 % from concentrated solar power (CSP) technologies, and by 59 % from solar photovoltaics (PV). IRENA, the Assembly [...]

Saudi Arabia targets 2.7 GW Concentrated Solar Power in 2030

The Renewable Energy Project Development Office of Saudi Arabia (REPDO) published the "Saudi Arabia's Renewable Energy Program 2030" earlier on January 9th, the country's renewables target for 2023 has been revised up from 9.5 GW to 27.3 GW, and that for 2030 set at 58.7 GW, of which 40GW [...]

Cerro Dominador, the first Concentrated Solar Power plant in Chile

Cerro Dominador project is a 210MW hybrid concentrated solar power (CSP) and photovoltaic (PV) power complex under construction on a 1,000ha-site, approximately 60km away from Calama at Maria Elena in the Atacama Desert, Chile. Construction on the $1.4bn project, which consists of a 100MW PV plant and 110MW CSP [...]

ACWA Power-led consortium to raise over $2bln for Dubai concentrated solar power project

ACWA Power leads a consortium which over the next few weeks is expected to conclude financing of more than $2 billion for a 950 megawatt (MW) concentrated solar power project in Dubai. The loan, provided by a group of mostly international banks, will back the development of Noor Energy 1, [...]

Siemens provides four steam turbines to Concentrated Solar Power plant in Dubai

Four steam turbines will help generate 700 megawatts of clean electricity. High-efficiency and rapid-start turbines support CSP (Concentrated Solar Power) operations. As part of its ongoing support to the Dubai Clean Energy Strategy 2050 and its role as a premier partner to Expo 2020 Dubai, Siemens will provide four steam [...]

China concentrated solar power pilot projects’ development

The year of 2018 witnessed the rapid growth of concentrated solar power (CSP) industry in China. Three demonstration CSP projects with the total capacity of 200MW were completed and connected to the grid, arming China with 3 large-scale commercial CSP plants in operation in one year: CGN Delingha 50MW [...]

Turning Concentrated Solar Power into Liquid Fuel

Of all the strange things we do as a race on this planet, refining and over-complicating things are some of them. We’re never satisfied with letting things be and often time favor extravagant conspiracy theories over reality. After all, how would the opposing piston engine and the convoluted internal combustion [...]

China Shouhang Dunhuang 100 MW molten salt Solar Tower Concentrated Solar Power Plant to be completed

As the project owner Beijing Shouhang IHW Resourves Saving Co., Ltd (shorted as Shouhang) indicated, Shouhang Dunhuang 100 MW molten salt Solar Tower CSP Plant, which is among China 1st phase of 20 CSP pilot projects, is under commissioning and will be commercially operational at the end of this [...]